Bill · S. 4035· Senate(119-S-4035)
DEATH BETS Act
- Introduced
- 3/10/2026
- Last activity
- 3/10/2026 — Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- Sponsored by
- Adam Schiff
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill is known as the Discouraging Exploitative Assassination, Tragedy, and Harm Betting in Event Trading Systems Act or the DEATH BETS Act. It amends the Commodity Exchange Act to stop certain financial contracts from being offered to the public. Specifically, it bans registered entities from listing or clearing contracts that involve terrorism, assassination, war, or similar activities. It also bans contracts that involve an individual's death or could correlate closely to an individual's death. The text was introduced in the Senate by Mr. Schiff on March 10, 2026.
Yes
Does this give people more protection from unfair business practices?+2
The bill provides ethical consumer protections by banning exploitative event contracts based on death and tragedy.
Does this put more rules on large technology companies?+2
The legislation places regulatory limits on event trading platforms concerning certain types of contracts.
Does this give the federal government more power?+2
The bill expands federal oversight by prohibiting specific categories of financial contracts through the Commodity Exchange Act.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Section 2 adds a new subsection (d)(1) to the Commodity Exchange Act, which stops the listing and clearing of contracts involving terrorism, assassination, war, or similar activities. This is a positive step because it prevents people from financially profiting off mass tragedies and violent conflicts.
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Section 2 also adds a new subsection (d)(2) to the Commodity Exchange Act, which bans contracts involving an individual's death or those that correlate closely to an individual's death. This common-sense protection stops individuals from gambling on someone passing away.
Potential Negative Impacts for People
- Based strictly on the text provided, there are no specific sections or provisions identified that create negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Consumer Protection+2
- Education And Technology
- Increases Big Tech Regulation+2
- Governance And Ideology
- Increases Federal Power+2
- 9/30/2026
- 1 Cosponsor added.
- 3/10/2026
- Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
John CurtisRepublican · Utah